Liberal government to table budget on Nov. 5

Politics·Breaking

Finance Minister François-Philippe Champagne says the government will table its latest budget on Nov. 5.

Spring’s economic update projected a $65B deficit for this fiscal year

Darren Major · CBC News · Posted: Oct 20, 2026 2:50 PM EDT | Last Updated: 20 minutes ago

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Prime Minister Mark Carney and Minister of Finance Francois-Philippe Champagne make their way into the House of Commons for the tabling of last year’s federal budget. This year’s budget will be introduced in early November. (Justin Tang/The Canadian Press)

Finance Minister François-Philippe Champagne says the government will table its latest budget on Nov. 5.

This will be the second budget under Prime Minister Mark Carney and the second consecutive budget to be introduced in the fall.

Prior to last year, the federal financial plan had typically been introduced in the spring. But Carney decided to switch to a fall tabling last year.

Champagne announced the timing of this year’s budget during Tuesday’s question period.

More to come.

ABOUT THE AUTHOR

Darren Major is a senior writer for CBC’s parliamentary bureau in Ottawa. He previously worked as a digital reporter for CBC Ottawa and a producer for CBC’s Power & Politics. He holds a master’s degree in journalism and a bachelor’s degree in public affairs and policy management, both from Carleton University. He also holds a master’s degree in arts from Queen’s University. He can be reached at darren.major@cbc.ca.

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